The Marketplace for Teardowns and Rehabs | When the Value is in the Land

™

Illinois

OPPORTUNITY• Underserved property type• Easily integrated, plug & play• Globally scalable• Incremental and accretive year one

OPPORTUNITY

UNDERSERVED PROPERTY TYPE

EASILY INTEGRATED, PLUG & PLAY

GLOBALLY SCALABLE

-

15-54years old

14% 55% 31%

0-14years old

55-95+years old

132 MILLION HOMES IN THE USA

HOW OLD ARE THEY NOW?

• 8-10 years

• 11 million homes will be sold by last time

home sellers over the next 8-10 years

• Over 14-15 million homes will be sold by last time home sellers between 2020-2030

• 25 million homes will be sold by last time

home sellers between now and 2030

BUILDING FOR THE FUTURE

11 Million

Homes

14-15

Million

Homes

U.S. TEARDOWN #’s

Annual Single Family Housing Starts 640,000

% Teardowns - avg. NAR, NAHB 27.5%

Total Annual Teardowns Sold 176,000

Average Teardown Value $450,000

Gross Teardown Sales Volume $79,200,000,000